Archived
I lost a small claims appeal case but the LLC that sued me is now in Forfeiture status . Can I claim the name then pay it ?
Matthew's answer
|
Answered on February 23, 2013
Hmmmmmm......No.
Your company would be a different entity. Just because a company is in forfeiture status doesn't mean it ceases all existence....
Archived
Statute of limitations question
Matthew's answer
|
Answered on February 23, 2013
Generally, for credit card debt, the statute of limitations will be the state where the defendant (you) reside as that is typically where the...
Archived
Can wages be garnished for a private not federally guaranteed student loan in Texas?
Matthew's answer
|
Answered on February 23, 2013
On the narrow issue of private student loans and garnishment, a private student loan servicer must first obtain a judgment. As was pointed out,...
Archived
I recently received a bill from the IRS for over $2900.00. Am I able to put that on a bankruptcy if I am unable to pay that?
Matthew's answer
|
Answered on February 23, 2013
The tax is too recent to be discharged in bankruptcy.
You don't mention if you filed chapter 7 or chapter 13. Is your question that you want...
Archived
Filed bankruptcy. Was expecting a decent tax refund. Was told i will not get any refund.
Matthew's answer
|
Answered on February 23, 2013
Yep, you filed smack dab in the middle of tax refund season for bankruptcy trustees (when they make their money).
A tax refund is an asset....
Archived
Forclosure in 1995 I paid capital gains because house sold for more than owed but never received the money.
Matthew's answer
|
Answered on February 23, 2013
I guess I am wondering why you are addressing this now, 15-17 years after the fact.
Also, don't forget, the lender gets to add on costs. So,...
Archived
Once a collector that is a law firm wins a judgement and ask for a financial statement can they force liquidation by you
Matthew's answer
|
Answered on February 23, 2013
As pointed out, once a creditor (law firm, junk debt buyer, collection agency) obtains a judgment, it can go after any property it can get its...
Archived
Filing Taxes and Bankruptcy
Matthew's answer
|
Answered on February 23, 2013
File the tax return, the bankruptcy trustee is going to require you to do so anyway.
Archived
When filing my taxes, can I deduct the interest I pay on my mortgage if I do not live in the home?
Matthew's answer
|
Answered on February 23, 2013
Yes, assuming you actually paid the interest. As pointed out, how you deduct it may be a little different (e.g. schedule A vs Schedule E), but it...
Archived
What can happen if I walk away from my mortgage & 2 equity loans.
Matthew's answer
|
Answered on February 23, 2013
First, a debtor in bankruptcy does not get to pick and choose what debts are listed in the bankruptcy. So long as you listed the mortgages in your...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained